Total asset turnover = 1.1
Sales/Total Assets = 1.1
Sales = 1.1*300,000 = $330,000
Cost of goods sold = 330,000*(1-35%) = $214,500
Inventory = Cost of goods sold/Inventory Turnover Ratio
= 214,500/4
= $53,625
Fixed assets = Sales/Fixed assets turnover ratio
= 330,000/2.5 = $132,000
Accounts receivables = Sales*Days sales outstanding/365
= 330,000*38/365
= $34,356.16
Cash = 80,018.84
Current liabilities = Current assets/Current ratio
= 76,363.64
Common Stock = $88,636.36
Total liabilities and equity = 300,000
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